HTBK
Heritage Commerce Corp
NASDAQ: HTBK · FINANCIAL SERVICES · BANKS - REGIONAL
$13.45
+0.00% today
Updated 2026-04-30
Market cap
$828.43M
P/E ratio
17.24
P/S ratio
4.23x
EPS (TTM)
$0.78
Dividend yield
—
52W range
$8 – $14
Volume
0.8M
Heritage Commerce Corp (HTBK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $82.80M | $86.76M | $82.75M | $70.32M | $63.82M | $59.91M | $60.82M | $59.32M | $67.00M | $87.73M | $106.06M | $116.52M | $139.42M | $152.90M | $160.39M | $162.94M | $198.94M | $8998.00 | $251.45M | $266.14M |
| Revenue growth (YoY) | — | +4.8% | -4.6% | -15.0% | -9.2% | -6.1% | +1.5% | -2.5% | +13.0% | +30.9% | +20.9% | +9.9% | +19.6% | +9.7% | +4.9% | +1.6% | +22.1% | -100.0% | +2794376.6% | +5.8% |
| Cost of revenue | $22.02M | $27.00M | $39.98M | $50.25M | $37.32M | $10.34M | $6.97M | $1.78M | $1.81M | $2.45M | $4.45M | $5.49M | $15.24M | $11.69M | $21.81M | $4.00M | $9.71M | $243.13M | $81.19M | $72.83M |
| Gross profit | $60.77M | $59.76M | $42.77M | $20.07M | $26.50M | $49.56M | $53.85M | $57.53M | $65.19M | $85.27M | $101.61M | $111.04M | $124.18M | $141.21M | $138.58M | $158.95M | $189.22M | $8998.00 | $170.26M | $193.31M |
| Gross margin | 73.4% | 68.9% | 51.7% | 28.5% | 41.5% | 82.7% | 88.5% | 97.0% | 97.3% | 97.2% | 95.8% | 95.3% | 89.1% | 92.4% | 86.4% | 97.5% | 95.1% | 100.0% | 67.7% | 72.6% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $19.41M | $21.16M | $25.47M | $28.66M | $28.08M | $24.76M | $25.68M | $25.38M | $28.27M | $37.37M | $34.66M | $37.25M | $45.65M | $52.62M | $53.21M | $55.13M | $60.29M | $4350.00 | $70.68M | $73.88M |
| Operating income | $26.51M | $22.23M | $375000.00 | $-24.69M | $-61.62M | $10.54M | $15.40M | $17.75M | $20.96M | $26.60M | $43.97M | $50.30M | $48.66M | $56.31M | $49.07M | $65.87M | $94.37M | $90419.00 | $56.67M | $67.70M |
| Operating margin | 32.0% | 25.6% | 0.5% | -35.1% | -96.6% | 17.6% | 25.3% | 29.9% | 31.3% | 30.3% | 41.5% | 43.2% | 34.9% | 36.8% | 30.6% | 40.4% | 47.4% | 1004.9% | 22.5% | 25.4% |
| EBITDA | $27.17M | $23.61M | $2.14M | $-23.25M | $-60.25M | $11.83M | $16.64M | $18.95M | $22.20M | $28.33M | $46.30M | $52.45M | $51.35M | $59.90M | $53.77M | $69.94M | $98.12M | $90419.00 | $60.20M | $71.21M |
| EBITDA margin | 32.8% | 27.2% | 2.6% | -33.1% | -94.4% | 19.7% | 27.4% | 31.9% | 33.1% | 32.3% | 43.7% | 45.0% | 36.8% | 39.2% | 33.5% | 42.9% | 49.3% | 1004.9% | 23.9% | 26.8% |
| EBIT | $26.51M | $22.23M | $375000.00 | $-24.69M | $-61.62M | $10.54M | $15.40M | $17.75M | $20.96M | $26.60M | $43.97M | $50.30M | $48.66M | $56.31M | $49.07M | $65.87M | $94.37M | $90419.00 | $56.67M | $67.70M |
| Interest expense | $22.52M | $27.01M | $24.44M | $16.33M | $10.51M | $5.88M | $4.19M | $2.60M | $2.15M | $2.42M | $3.21M | $5.39M | $7.82M | $10.85M | $8.58M | $7.13M | $8.95M | $51074.00 | $79.05M | $71.62M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $17.27M | $14.10M | $1.76M | $-11.98M | $-55.86M | $11.37M | $9.91M | $11.54M | $13.43M | $16.50M | $27.38M | $23.83M | $35.33M | $40.46M | $35.30M | $47.70M | $66.56M | $64443.00 | $40.53M | $47.83M |
| Net income growth (YoY) | — | -18.4% | -87.5% | -780.2% | -366.1% | +120.4% | -12.9% | +16.5% | +16.4% | +22.9% | +66.0% | -13.0% | +48.3% | +14.5% | -12.8% | +35.1% | +39.5% | -99.9% | +62789.7% | +18.0% |
| Profit margin | 20.9% | 16.2% | 2.1% | -17.0% | -87.5% | 19.0% | 16.3% | 19.5% | 20.0% | 18.8% | 25.8% | 20.4% | 25.3% | 26.5% | 22.0% | 29.3% | 33.5% | 716.2% | 16.1% | 18.0% |